This Bitcoin OG Cashed Out For A House—And The Crypto Community Can’t Agree If He Won Or Lost
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When Reddit user “brdbrd1” announced he’d sold his entire Bitcoin holdings to buy a house, he started his post with an apology: “I’m sorry guys.” What followed wasn’t the crypto community backlash you might expect—instead, it was an outpouring of congratulations and a fascinating debate about what Bitcoin is really for.
The numbers tell an impressive story. The investor reportedly sold approximately 2.15 Bitcoins for around $258,000, turning what appears to have been an initial investment of roughly $86,000 – at an estimated $40,000 per coin cost basis – into a life-changing sum. If accurate, that…